Steward Partners Investment Advisory LLC Purchases 2,070 Shares of Dell Technologies Inc. (NYSE:DELL)

Steward Partners Investment Advisory LLC lifted its position in Dell Technologies Inc. (NYSE:DELLFree Report) by 17.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 13,986 shares of the technology company’s stock after purchasing an additional 2,070 shares during the quarter. Steward Partners Investment Advisory LLC’s holdings in Dell Technologies were worth $1,070,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. FMR LLC increased its stake in Dell Technologies by 59.6% in the third quarter. FMR LLC now owns 9,376,674 shares of the technology company’s stock valued at $646,053,000 after acquiring an additional 3,499,760 shares during the last quarter. Alkeon Capital Management LLC increased its stake in Dell Technologies by 241.9% in the third quarter. Alkeon Capital Management LLC now owns 4,273,625 shares of the technology company’s stock valued at $294,453,000 after acquiring an additional 3,023,625 shares during the last quarter. Morgan Stanley increased its stake in Dell Technologies by 96.9% in the third quarter. Morgan Stanley now owns 5,023,755 shares of the technology company’s stock valued at $346,137,000 after acquiring an additional 2,472,866 shares during the last quarter. DekaBank Deutsche Girozentrale increased its stake in Dell Technologies by 1,071.4% in the fourth quarter. DekaBank Deutsche Girozentrale now owns 1,213,463 shares of the technology company’s stock valued at $92,281,000 after acquiring an additional 1,109,876 shares during the last quarter. Finally, Acadian Asset Management LLC increased its stake in Dell Technologies by 45.0% in the third quarter. Acadian Asset Management LLC now owns 3,216,861 shares of the technology company’s stock valued at $221,605,000 after acquiring an additional 998,298 shares during the last quarter. Institutional investors own 38.10% of the company’s stock.

Insider Buying and Selling at Dell Technologies

In other Dell Technologies news, CEO Michael S. Dell sold 1,944,641 shares of Dell Technologies stock in a transaction that occurred on Wednesday, March 20th. The stock was sold at an average price of $108.79, for a total transaction of $211,557,494.39. Following the sale, the chief executive officer now directly owns 33,412,241 shares of the company’s stock, valued at approximately $3,634,917,698.39. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In other news, CEO Michael S. Dell sold 1,944,641 shares of Dell Technologies stock in a transaction that occurred on Wednesday, March 20th. The shares were sold at an average price of $108.79, for a total transaction of $211,557,494.39. Following the completion of the transaction, the chief executive officer now directly owns 33,412,241 shares in the company, valued at $3,634,917,698.39. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Michael S. Dell sold 624,450 shares of Dell Technologies stock in a transaction that occurred on Wednesday, March 6th. The shares were sold at an average price of $119.80, for a total transaction of $74,809,110.00. Following the transaction, the chief executive officer now owns 39,787,791 shares of the company’s stock, valued at $4,766,577,361.80. The disclosure for this sale can be found here. In the last three months, insiders have sold 6,008,829 shares of company stock valued at $671,287,307. 46.70% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

DELL has been the subject of several analyst reports. Barclays cut their price target on shares of Dell Technologies from $98.00 to $97.00 and set an “underweight” rating for the company in a research report on Friday. Bank of America upped their price target on shares of Dell Technologies from $130.00 to $180.00 and gave the company a “buy” rating in a research report on Wednesday, May 29th. Loop Capital upped their price target on shares of Dell Technologies from $125.00 to $185.00 and gave the company a “buy” rating in a research report on Tuesday, May 28th. Sanford C. Bernstein upped their price target on shares of Dell Technologies from $120.00 to $155.00 and gave the company an “outperform” rating in a research report on Monday, May 20th. Finally, Morgan Stanley upped their price target on shares of Dell Technologies from $152.00 to $155.00 and gave the company an “overweight” rating in a research report on Friday. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and thirteen have given a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $135.81.

Read Our Latest Analysis on Dell Technologies

Dell Technologies Stock Performance

Dell Technologies stock opened at $132.02 on Tuesday. The stock’s 50 day simple moving average is $131.59 and its two-hundred day simple moving average is $101.66. The stock has a market cap of $94.23 billion, a price-to-earnings ratio of 26.94, a PEG ratio of 1.77 and a beta of 0.85. Dell Technologies Inc. has a fifty-two week low of $45.16 and a fifty-two week high of $179.70.

Dell Technologies Profile

(Free Report)

Dell Technologies Inc designs, develops, manufactures, markets, sells, and supports various comprehensive and integrated solutions, products, and services in the Americas, Europe, the Middle East, Asia, and internationally. The company operates through two segments, Infrastructure Solutions Group (ISG) and Client Solutions Group (CSG).

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Institutional Ownership by Quarter for Dell Technologies (NYSE:DELL)

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